Short setup (higher probability while below $62k)
Entry
Wait for a 4H rejection near $61.9k–$62.0k.
Stop-loss (SL)
Above $62,950 (above recent swing high).
Take Profit 1 (TP1)
$60,800
Take Profit 2 (TP2)
$60,200
Take Profit 3 (TP3)
$59,500 if support breaks with volume.
Risk/Reward
Entry around $61,900 with SL $62,950 risks roughly $1,050. TP1 around $60,800 offers about $1,100 reward, TP2 about $1,700, and TP3 about $2,400.
BTC
63,866.88
+0.31%
Important
BTC is volatile. Always use a stop-loss, avoid over-leverage, and wait for candle confirmation rather than entering mid-candle.
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